MGA to NGN exchange rate
Malagasy Ariary to Nigerian Naira currency converter at the live mid-market rate.
Reference rate (mid-market)
1 MGA = 0.2942 NGN
1 NGN = 3.3989 MGA
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Malagasy Ariary (MGA) to Nigerian Naira (NGN). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
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Reference rateAmount
Converted to
1 MGA = 0.0000 NGN
Mid-market reference rate, not a MigraPay quote
MGA to NGN conversion tables
Popular amounts at today's rate, in both directions.
| MGA | NGN |
|---|---|
| 1 MGA | 0.2942 NGN |
| 5 MGA | 1.4711 NGN |
| 10 MGA | 2.9421 NGN |
| 20 MGA | 5.8843 NGN |
| 50 MGA | 14.7107 NGN |
| 100 MGA | 29.4215 NGN |
| 200 MGA | 58.8429 NGN |
| 500 MGA | 147.11 NGN |
| 1,000 MGA | 294.21 NGN |
| 2,000 MGA | 588.43 NGN |
| 5,000 MGA | 1,471.07 NGN |
| 10,000 MGA | 2,942.15 NGN |
| NGN | MGA |
|---|---|
| 1 NGN | 3.3989 MGA |
| 5 NGN | 16.9944 MGA |
| 10 NGN | 33.9888 MGA |
| 20 NGN | 67.9776 MGA |
| 50 NGN | 169.94 MGA |
| 100 NGN | 339.89 MGA |
| 200 NGN | 679.78 MGA |
| 500 NGN | 1,699.44 MGA |
| 1,000 NGN | 3,398.88 MGA |
| 2,000 NGN | 6,797.76 MGA |
| 5,000 NGN | 16,994.4 MGA |
| 10,000 NGN | 33,988.8 MGA |
MGA to NGN exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Malagasy Ariary and the Nigerian Naira
About the Nigerian Naira (NGN)
- Symbol
- ₦
- Issued by
- Central Bank of Nigeria
- Used in
- Nigeria
- Subunit
- 100 kobo
The naira is the currency of Africa’s most populous country. Since the 2023 move toward a unified market rate it has traded more freely, so the naira rate can change noticeably from day to day. MigraPay quotes the live market rate at the moment you send.
Why the MGA to NGN rate changes
The Malagasy Ariary to Nigerian Naira exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the MGA to NGN rate too.
The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the MGA to NGN rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
NGN to MGA and other NGN rates
- NGN to MGA
- NGN to CAD
- NGN to USD
- NGN to EUR
- NGN to GBP
- NGN to GHS
- NGN to USDT
- NGN to USDC
- NGN to BRL
- NGN to COP
- NGN to IDR
- NGN to INR
- NGN to KES
- NGN to LKR
- NGN to MXN
- NGN to PHP
- NGN to RWF
- NGN to THB
- NGN to TZS
- NGN to UGX
- NGN to XAF
- NGN to XOF
- NGN to ZAR
- NGN to JPY
- NGN to CNY
- NGN to AUD
- NGN to CHF
- NGN to AED
- NGN to SAR
- NGN to PKR
- NGN to BDT
- NGN to EGP
- NGN to TRY
- NGN to SGD
MGA to other currencies
- MGA to CAD
- MGA to USD
- MGA to EUR
- MGA to GBP
- MGA to GHS
- MGA to USDT
- MGA to USDC
- MGA to BRL
- MGA to COP
- MGA to IDR
- MGA to INR
- MGA to KES
- MGA to LKR
- MGA to MXN
- MGA to PHP
- MGA to RWF
- MGA to THB
- MGA to TZS
- MGA to UGX
- MGA to XAF
- MGA to XOF
- MGA to ZAR
- MGA to JPY
- MGA to CNY
- MGA to AUD
- MGA to CHF
- MGA to AED
- MGA to SAR
- MGA to PKR
- MGA to BDT
- MGA to EGP
- MGA to TRY
- MGA to SGD
Other currencies to NGN
- CAD to NGN
- USD to NGN
- EUR to NGN
- GBP to NGN
- GHS to NGN
- USDT to NGN
- USDC to NGN
- BRL to NGN
- COP to NGN
- IDR to NGN
- INR to NGN
- KES to NGN
- LKR to NGN
- MXN to NGN
- PHP to NGN
- RWF to NGN
- THB to NGN
- TZS to NGN
- UGX to NGN
- XAF to NGN
- XOF to NGN
- ZAR to NGN
- JPY to NGN
- CNY to NGN
- AUD to NGN
- CHF to NGN
- AED to NGN
- SAR to NGN
- PKR to NGN
- BDT to NGN
- EGP to NGN
- TRY to NGN
- SGD to NGN
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MGA to NGN FAQ
What is the MGA to NGN exchange rate today?
1 Malagasy Ariary (MGA) is 0.2942 Nigerian Naira (NGN), as of 5 Nov 2026, 13:53 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 MGA in Nigerian Naira?
100 MGA is 29.4215 NGN at the mid-market rate.
How much is 1,000 MGA in NGN?
1,000 MGA converts to 294.21 NGN at the mid-market rate.
How much is 2,000 MGA in Nigerian Naira?
2,000 MGA is 588.43 NGN at the mid-market rate.
How much is 100 NGN in MGA?
100 NGN converts to 339.89 MGA at the mid-market rate.
Can I send MGA to NGN with MigraPay?
Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Malagasy Ariary to Nigerian Naira only.
Is the MGA to NGN rate the same as the mid-market rate?
Yes. It is the wholesale rate between MGA and NGN on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.
How often is this exchange rate updated?
About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.
Rates are mid-market reference rates for information only and are not a quote or an offer to transact.